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Business

Kojonup mixed farm sells for state record of $100 million, experts say WA farmland could be highly undervalued

Danny Thomas Andrew Smith

A property in the Western Australia's Great Southern region has sold for a new record price of $100 million and real estate experts say farmland values in the state have the potential to climb even higher.

A Victorian buyer is believed to have purchased Cherylton Farms, a 8,500-hectare mixed farm in Kojonup.

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